831(b) Micro Captive Plans - An Alternative Strategy to Protecting You and Your Business

Van Carlson of SRA 831 Admin joins Wealth Retention to discuss Captive Insurance, more specifically the 831(b) section of the internal revenue code.  In circumstances where business risks are either too expensive to cover by third party insurance providers or otherwise uninsurable, this strategy may be a strong option to consider.  Together, Van and David describe the strategy, the pros and cons of its usage, and examples of how it can be put in place.  

SRA 831 Admin is a third party administrator based out of Eagle, ID, and specializes in establishing and maintaining 831(b) policies for business owners.  Van Carlson is the Founder & CEO at SRA and has over twenty five years of experience within the risk management industry. Van began his career with Farmers Insurance Group as an agent; eventually growing his book to be among the largest in his home state of Idaho. Van’s primary goal is to continue the upward growth of SRA and continue to develop new products to bring to market.

David Gottlieb is an investment adviser representative with Savvy Advisors, Inc. (“Savvy Advisors”). Savvy Advisors is an SEC registered investment advisor. Wealth Retention is a business name used for marketing purposes and is not under common ownership or control with Savvy Advisors, nor is Wealth Retention separately registered as an investment advisor. The views and opinions expressed herein are those of the speakers and authors and do not necessarily reflect the views or positions of Savvy Advisors. This material is presented for informational purposes only and should not be considered a recommendation of any particular investment product or as advice, nor does this information constitute a solicitation or offer to buy or sell securities. All investments involve risk, including loss of principal.

Securities offered through DAI Securities, LLC, member FINRA/SIPC. Advisory services offered through Savvy Advisors, Inc. (“Savvy Advisors”), an SEC Registered Investment Adviser. DAI Securities, LLC and Savvy Advisors are separate and unaffiliated entities.